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TIGHTEN YOUR BELT
By Bonita de Wet Building the business of the future means ditching an “open chequebook” approach in favour of a money-saving approach to boost your business’s bottom line. Here are a few tips to help you make some significant savings and move your business forward. All businesses are guilty of wasting money at times by
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DIRECTOR’S DUTIES: WHAT IS EXPECTED?
The new Companies Act, 2008 (the Act), which came into effect on May 1, 2011, has to a certain extent codified the duties of directors and sets out these duties in order to achieve maximum accountability. As a director you need to be aware of your legal obligations and understand them. Directors and prescribed officers.
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HOW TO WRITE A WINNING BUSINESS PLAN
Most prospective business owners believe they need only prepare a business plan if they intend approaching funders. But the truth is that every business owner should compile a plan that includes both short- and long-term goals, as well as targets. A business plan is your guide to where you want to take your business, and
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MANAGING YOUR BUSINESS BANK ACCOUNT
The next logical step after properly registering your business is to open up a bank account in the new company’s name. Remember you are now a totally separate entity from your business and as such you cannot (and should not) mix the monies of the two in fact you are required by law to have
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5 THINGS GOOD BOSSES DO
It can be easy to slip into a “what have you done for me lately” mind set with employees, and to forget what really makes your business turn. Simply expressing your appreciation will have a far-reaching impact on the personal development, motivation and productivity of your employees. Your people are your greatest asset. This phrase
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GETTING BUSINESS FUNDAMENTALS RIGHT
Many small and medium accounting practices (SMPs), in their efforts to establish themselves in a crowded marketplace, cultivate an air of service excellence and client focus. While clients no doubt appreciate the personal touch, SMP owners must keep in mind that being competitive requires getting business fundamentals right. In other words, SMPs will only grow
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LOW-COST WAYS TO REWARD EMPLOYEES
Research shows that feeling appreciated – which comes from recognition from others – is one of the top three drivers of employee engagement. Great news is that showing appreciation doesn’t have to cost tons of time or money: – A sincere word of thanks is very effective. – Post a thankyou note on their door
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HOW TO MAKE YOUR SMALL PRACTICE A BIG SUCCESS – Management Tips
Today, small- and medium-sized practices (SMPS) are confronted by a range of operational, market, and regulatory challenges. Regulation and the pace of regulatory changes are among the top challenges for both SMPs and their small- and medium-sized entity (SME) clients. Despite the challenges, SMPs can and do prosper. This article suggests some simple tips to
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DECODING LEADERSHIP – WHAT REALLY MATTERS
Telling CEOs these days that leadership drives performance is a bit like saying that oxygen is necessary to breathe. Over 90% of CEOs are already planning to increase investment in leadership development because they see it as the single most important human- capital issue their organisations face. Research has consistently shown that good leadership is
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SET GOALS AND ACHIEVE THEM
To achieve you need to take action Now is the time to create a positive mindset, where you are constantly on the look-out for opportunities. It’s difficult to identify opportunities if you aren’t looking for them, and all but impossible if you do not believe in yourself and your abilities. Stop making excuses, take the
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